17 October 2008
Bank results to shed light on crisis
Bank results to shed light on crisis 17/10/2008 4:52:01 PM The full-year results over the next two weeks from three of Australia's biggest banks will shed more light on the extent of losses caused by the surge in credit rates and weakening economy. National Australia Bank Ltd (NAB) and ANZ Banking Group Ltd have already said earnings will be hurt by provisions of over $1 billion each w...

02 October 2008
Bail Out Accepted
  Most of the world watched on with a great deal of interest as the US Senate voted on the bill for the “$700 billion bail out”. A great deal of relief would have been felt as the names of the Senators was read out with what was becoming a land slide vote for the passing of the bill. Clearly this is a step in the right direction for reducing some of the fear that has gripped ...